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Search Results 0 to 49 of about 664 (some duplicates have been removed)
CSPAN
Feb 15, 2013 8:00pm EST
, congress directed the federal agencies including the faa and nasa collaborating in accelerating the integration of uas into the national air space. the faa modernization and reform act of 2012 contains provisions designed to promote and facilitate the use of civilian unmanned aircraft. we, on the subcommittee, know that you've been working hard and have made progress towards meeting the prescribed objectives, but we also know that there are many unresolved issues, both technologically and regulatorily. again, i go to the goal today to have the research to overcome technology issues and mitigate risk involved with uas integration into the national air space system. we're particularly interested in hearing about any advances towards eliminating as a as a vulnerabilities. the agreements on technological standards and the "washington post" reported nine american uas crashes occurred near civilian airports overseas as a result of pilot ere -- error. there's poor coordination with air traffic controllers. in august 2010, the "new york times" reported that a navy uas violated air space
NBC
Feb 24, 2013 10:30am EST
of transportation, $600 million from the faa, 47,000 faa employees will need to be furloughed at least one day per pay period. is it still going to be safe for the american public to fly if this sequester goes forward. >> one thing we never compromise on is safety. we will never take a back seat to safety. safety will not be compromised. but we will have twork with the airlines in slowing planes down. but there will be enough controllers to make sure planes are guided in and out of airports safely. >> this is about aggravation, not about safety. >> look, this is a huge cut. it's a billion dollars. $600 million at faa, which has the largest number of employees at d.o.t. it's about shared sacrifice. this doesn't have to happened, david. if republicans and democrats get together this week and look at the president's plan he put on the table to save $85 billion, this does not have to happen. there's still time for a compromise. >> realistically do you see a compromise being reached by the end. week? >> i hope so. i do. it was done before. it was done at the 11th hour to save us from going into the fis
CBS
Feb 10, 2013 11:30pm PST
was unconscious for two weeks suffered broken riba lacerated tongue but survived. >> faa said you are the luckiest man i ever met. >> reporter: he didn't feel lucky when he read the faas report. the agency investigates skydiving accidents. the report found a critical velcro closing flap on the parachute casing was warn and the rigging had knots prompting the inspector to note the lines should have been replaced. >> i could have died. >> reporter: he relived the terrifying moments when he finally got his gear back along with the camera that recorded his fall. >> oh, my god. i can hear myself choking. >> reporter: sky dive monterey bay, turned down our request for an interview but in a statement said his gear was in proper working order and improper use by the jumper caused the accident. after reading the faas report this industry expert found cause for concern. >> that is disturbing. >> reporter: now that man is dr. stapleton he has clocked more than 8,000 jumps as a member of the u.s. parachuting team. in 15 minutes his surprising comments on
CNBC
Feb 22, 2013 1:00pm EST
. is boeing bouncing back? a team of executives leading with the faa in washington today to try and sort out that battery mess and get that 787 back in the air as quickly as possible. and here is something you probably didn't expect to see. a tb outbreak in the united states. how big a risk is it for the u.s. in 2013? there are some drug resistant strains making their way around the world in this very infectious disease. it is happening now. make sure you are safe. that's all in the next 59 minutes. simon hobbs is my partner today. he is in for sue. >> let's focus on the economic signs today. the drop took us from record highs, let's not forget. was it the correction that so many people have warned us about? right now, you can see, we are just about to retake on this bounce, it would appear, dow down. s&p, 1513. also higher on oil but we've lost a lot this week. gold, as you can see, 1572. still way below the $1600 level. that market bouncing back clearly, sign number one, for investors heading into the weekend. sign number two comes from europe. european commission very negative on the coun
NBC
Feb 3, 2013 5:00pm PST
' workload and procedures. procedures the faa confirm they are only now beginning to work out. >> commercial aviation gets priority over everything. they won't change that. >> reporter: the faa spokesperson confirms it saying we wouldn't allow any activity that interferes with the arrivals or departures out of san jose. but the sources we spoke with remain skeptical and concerned. they say local air traffic controllers were not consulted or included in the aviation planning around the stadium. and look at these drawings which show parts of the new stadium like light towers and antennas, exceeding the maximum height originally allowed in this faa study. the faa says those height limits have been studied individually and do not pose any threat to safety. >> of course, that was a consideration for thing like general aviation to ensure during game days, we would coordinate appropriately. >> reporter: jamie matthews says the city has been planning for many of these issues long before the new stadium was even announced. >> that's part of the overall security plan. to ensure we have an appropriate
NBC
Feb 23, 2013 6:30pm PST
restrictions, tfrs. >> reporter: the faa confirms a tfr will be in place when there is a football game or other big event. but as this video shows, commercial flights literally pivot right over top of the new stadium when landing from the north. south onto runways 12 l or 12 r at mineta, san jose. and with tv helicopters, banner planes, and the occasional blump hovering overhead, that could make for crowded skies and a much heavier workload for air traffic control. >> the landing one-two. i don't know what they would do. they are going to have to think about that. >> reporter: trouble, three different aviation sources tell us that not a lot of thought has gone into that so far. they believe commercial air traffic landing over the new 49ers stadium during a game could significantly raise air traffic controller's workload and procedures, procedures they are only now beginning work out. >> commercial aviation gets priority of everything. so they won't change that. >> reporter: faa spokesman ian gregor says "we wouldn't allow any activity that interferes with arrivals or departures out of san jose.
CBS
Feb 11, 2013 6:00pm PST
, but survived. >> the faa he said you are the luckiest man i ever met. >> reporter: but flores didn't feel so lucky when he read the faa's report. the agency investigates skydiving accidents. >> just opened up. >> reporter: the report found a critical velcro closing flap on the parachute casing was completely worn and the par shoeed's rigging had knots prompting the inspector to note these lines should have been replaced on the parachute's rigging. >> i could have died that day. >> reporter: flores relived the terrifying moments when he finally got his gear back from investigators along with the camera that recorded his fall. >> oh, my god. i can here myself choking. >> reporter: skydive monterey refused our request for an interview. an industry expert found cause for concern. >> that's disturbing. >> that man is dr. craig stapleton. he clocked more than 8,000 jumps as a member of the u.s. par shooting team. later in the newscast his surprising comments on an industry with very little oversight. >>> our weather is spectacular. >> stunning, wonderful.
CSPAN
Feb 15, 2013 11:00pm EST
in the integration. last year congress directed the federal agent fees, including the faa and nasa collaborated in accelerating integration into the national airspace. the faa modernization and reform act of 2012 can tames provision designed to promote and facilitate use of civilian unmanned aircraft. we have a subcommittee know you've been working hard and it made progress towards meeting the prescribed object days, but we also know there are many unresolved issues, both technologically and regulatory lead. again, our goal today is to better understand the research underway to overcome technological issues and mitigate risk involved with uas integration into the national airspace system. we are particularly interested in hearing about any advances towards eliminating vulnerabilities in command and control communications. new capabilities in and agreements on technological standards. the "washington post" recently reported that he sent american crashes occurred near civilian airports overseas as a result of pilot error. mechanical failure, poor coordination of air traffic controllers. in august
NBC
Feb 1, 2013 11:00pm PST
are tfrs. >> reporter: the faa confirms that a tfr will be in place over santa clara stadium whenever there is a football gym or other big event. but as this video shows, commercial flights literally pivot right over top of the new stadium when landing from the north south on to runways 12-l or 12-r, at mineta san jose. and with tv helicopters, banner planes and the occasional blimp hovering overhead, that could make for crowded skies and a much heavier work load for air traffic control. >> it's the landing -- if they're landing 12, i don't know what they'd do. they'll have to think about that. >> reporter: the trouble is three different aviation sources tell us not a lot of thoughts that gone into that so far. they believe commercial air traffic landing over the new 49ers stadium during a game could significantly raise air traffic controllers' work load and procedures, procedures the faa confirms they are only now beginning to work out. >> commercial aviation gets priority over everything. so they're not going to change that. >> reporter: faa spokesman ian gregor confirms that, sayin
CNBC
Feb 7, 2013 9:00am EST
that is about to embark on a fairy flightship. not a test flight. this is a ferry flight, the faa granted a one-time waiver to boeing so that this dreamliner, down in fort worth, being painted, can be ferried back to the boeing facilities in everett, washington, where obviously, it will meet the other dreamliners, grounded until the faa lifts the grounding, at least for test flights. we show you some fresh video we just had fed in from our affiliate in seattle, look at the number of dreamliners parked outside of the assembly lines, if you will, in everett, washington. if we get that picture here shortly. you will see there are a number of dreamliners there we told you on monday that boeing has asked the faa to lift the grounding for test flights. boeing is hopeful that might be granted this week although no indication the faa will, in fact, lift that grounding. what you are seeing here is live picture out of fort worth, texas, a 787 dream line they're will be embarking on a ferry flight back to everett, washington, within the next hour, it is supposed to take off. at 11:00, the ntsb chairman is
NBC
Feb 24, 2013 8:00am PST
at faa, which has the largest number of employees at d.o.t. it's about shared sacrifice. this doesn't have to happened, david. if republicans and democrats get together this week and look at the president's plan he put on the table to save $85 billion, this does not have to happen. there's still time for a compromise. >> realistically do you see a compromise being reached by the end. week? >> i hope so. i do. it was done before. it was done at the 11th hour to save us from going into the fiscal cliff. it can be done again and it can be done by friday. >> so by march 1st, does the traveling public experience, what, immediate disruptions in the flying skies? >> we will begin to look at every contract at faa. we will look at our opportunities to do what we have to do to come up with a billion dollars, and $600 million at faa. these things will begin to be phased in. >> the other point to pin you down on, frankly, is security. not just lines at the airport but safety when it comes to protecting the traveling public. can you give us your assurances about that. >> tfa and security lines a
KICU
Feb 28, 2013 4:00am PST
. > > thank you. in our cover story, the faa and others warn that flights through some of the nation's busiest airports could be delayed up to an hour-and-a-half due to 10% staffing cutbacks as a result of the sequester, and as many as a hundred control towers in smaller cities may be closed. and blistering criticism toward congress from the head of the nation's air traffic controllers. the national air traffic controllers' association says nationwide, the sequester would cut the number of takeoffs and landings managed by fewer controllers and "significantly affect" airports in new york, atlanta, dallas, houston, los angeles and chicago. along with regional airports such as rogers, arkansas, utilized by walmart, kraft, tyson and their vendors; and victoria, texas, used heavily by caterpillar and shell. natca president paul rinaldi criticized congress for "compromising the safety and efficiency of the nation's airspace." getting to the gate will take longer, too. at more than 450 airports around the country where transportation security officers screen nearly two million passengers a day, the h
CNN
Feb 24, 2013 9:00am PST
of our employees are at the faa, the faa -- there has to be some impact. >> delayed planes and canceled flights, the world of automatic budget cuts, according to transportation secretary, ray lahood. >>> then, despite some republican calls to pull the plug on chuck hagel's nomination for defense chief, and a slow walk of the nomination of john brennan as cia director, the president stands by his men. he will probably get what he wants. weighing the odds with senator john mccain. >>> and guns and immigration. before bills governing either become law, they first go through the judiciary committees. a conversation with senator judiciary chairman, patrick leahy, about the art of the doable on two of the most contentious issues of our time. >>> plus, five days from the next fiscal cliffhanger on forced spending cuts. >> these cuts don't have to happen. congress can turn them off any time with just a little compromise. >> deal or more hyperbole? we will ask our political package, former governor haley barbour, jackie calmes, of the "new york times." i'm candy crowley. and this is "state of th
FOX Business
Feb 22, 2013 4:00pm EST
? representatives from boeing meeting with the faa to discuss a solution to the battery issues that have grounded these jets. we'll have the latest on that. ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. it
FOX Business
Feb 22, 2013 1:00pm EST
right. thank you very much. shibani: representatives from boeing meeting with the faa today. solutions for the battery fires that have grounded the 7873 minor. peter barnes is in washington. peter: top boeing executives are expected to propose a new design for those high-tech, but faulty lithium ion batteries. it would add insulation to the batteries among other things. the company has been testing the new design. they want the faa to now allow those test to continue and fly. whether the faa believes the new design can work and just how much testing to demand of boeing to make sure the new design was safe. the faa plans to issue a statement this afternoon after its meeting with boeing. if the new battery design checks out, the 50 grounded three minors could be back in the air by april. the company, though, telling the "wall street journal" that it hopes to be flying again by mid-march. teams of hundreds of engineers working around-the-clock to resolve the battery problem. a spokesman says "everyone is working to get the answer as quickly as possible and good progress is being made." sh
CBS
Feb 7, 2013 5:30pm PST
. phillips'. >> pelley: late today, the f.a.a. gave boeing the go ahead to conduct limited test flights of the grounded 787 dreamliner. today, boeing flew an empty 787 from texas back to its factory in washington state. the planes were grounded three weeks ago after batteries overheated twice. one of the batteries caught fire. sharyl attkisson has the latest on the investigation. >> reporter: today, federal investigators revealed the fire aboard the dreamliner in boston last month began with a short circuit in one of the lithium ion battery's eight cells. that caused a dangerous condition known as thermal runaway, where a short spreads to other cells in an uncontrolled chemical chain reaction. the fire topped 500 degrees fahrenheit. it's something boeing's development studies didn't predict. chairman of the national transportation safety board, deborah hersman, says boeing was also incorrect in estimating a dreamliner battery would heat up and smoke less than once in 10 million flight hours. >> we have seen two events on two aircraft less than two weeks apart. >> reporter: hersman says
PBS
Feb 22, 2013 4:30pm PST
may have on the economy. >> reporter: the economy is about to get a pain in the sequester. the f.a.a. is going to see a $600 million cut, meaning 47,000 employees will be furloughed for one day per paycheck, maybe two. peak travel to key cities could be snarled by late march. smaller airports may have to shut down altogether. you can find the list on the department of transportation's website. the administration denies these announcements are part of a campaign to pressure house republicans to change course and head off the cuts. >> the idea that we are doing this to create some kind of horrific scare tactic is nonsense. we are required to cut a billion dollars. and if more than half of our employees are at the f.a.a., the f.a.a.-- there has to be some impact. >> reporter: and the f.a.a. cuts don't include potential delays from cutbacks as t.s.a. furloughs employees. the defense department has already informed 800,000 workers they may be furloughed and face a 20% paycut as it struggles to find a way to cut $46 billion from its budget. adding it all up, the president warns the picture
CSPAN
Feb 6, 2013 8:00pm EST
as saying the faa has accelerated the note toward self certification at a time advances technology have created a greater need for independent groups. the question is not what nitty-gritty things are you going to roll out tomorrow, but are you seen or is this confirming any broader lessons about how to do things they certified? >> dave, thank you here that's a great question because this is an issue when you have a regulator that has some limited resources. they don't have unlimited resources. they do have to prioritize what they do, so we have seen delegations in the past, not only faa, but other modes of transportation with respect to areas the regulators are responsible for. we see designated engineering representative sir examiners. this is very common in aviation industry for repairs, design changes it does things that happened for years. we also see designated chat pilot. individuals employed by airlines are other folks at the faa does delegate authority to do some of the functions. but always you have to take responsibility for those things. you can't delegate the overall respons
CSPAN
Feb 23, 2013 7:00am EST
was an faa modernization bill that requires the faa to find out how unmans aircraft will be able to safely operate in the national -- how unmanned aircraft will be able to safely operate in the national airspace. the safety of the national airspace is the main concern of the faa. that is what congress directed the faa to work on. i have until 2015 to do that. with regard to your question about potential terrorists getting this technology, there is a difference between an unmanned aircraft and what is referred to as massachusetts -- .odelists can buy whatever you need to find and -- a recreational airplane. folks have lacy concern that you have. the faa will need to -- folks of raised the concern that you have. the fda will need to look closely at the issue. there was an individual who bought a model airplane off of the internet and wanted to put explosives into it and fly it into the pentagon. he was arrested and he is spending a long time in prison. host: 1400 permitted operators since 2007. as soon as say there will be 10,000 rooms by 2020. guest: those numbers have come from the faa. it
CSPAN
Feb 22, 2013 8:00pm EST
that controls and manages our nation's skies. as a result of these cuts, the vast majority of faa's nearly 47,000 employees will be furloughed for approximately one day per pay period until the end of the fiscal year, and in some cases it could be as many as two days. today we are sharing more details with our unions and with industry so they can start planning for serious impacts of sequester. here is what these automatic cuts are going to mean for the traveling public. obviously, as always, safety is our top priority, and we will never allow the amount of air travel we can handle safely to take off and land, which means travelers should expect delays. flights to major cities like new york, chicago, and san francisco and others could experience delays of up to 90 minutes during peak hours because we have fewer controllers on staff. delays in these major airports will ripple across the country. cuts to budgets mean preventative maintenance and quick repair of runway equipment might not be possible, which could lead to more delays. and once airlines see the potential impact of these furloughs,
CSPAN
Feb 27, 2013 7:00am EST
and there are other places f.a.a. or t.s.a. can cut before they go to air traffic controllers or airport security screeners. host: here is a head line you wrote white house warns sequester will produce chaos at the nation's airports. what are we talking in terms of jobs being cut and funding? guest: the white house has said the f.a.a. would have to cut $600 million from the d.o.t.'s $1 billion cut. they said that they would have to go -- the cults would have to go as far as air traffic controllers because they are the bulk of the 47,000 workers in the f.a.a. and this is different than the f.a.a. shutdown a couple of years ago when the administration took pains to stress that air traffic safety wouldn't be affected, now they are saying they are going to keep the same level of safety but may not be able to move planes as quickly. host: we see questions about t.s.a. that is not under the mantle of the transportation department it is department of homeland security but it could impact fliers experiences? what happens there? guest: they said they would have to furlough employees up to seven days with
NBC
Feb 2, 2013 7:00am PST
restrictions and those are tfrs. >> reporter: the faa confirms that a tfr will be in place over santa clara stadium whenever there is a football game or other big event, but as this video shows, commercial flights literally pivot right over top of the new stadium when landing from the north, south on to runways 1-2l or 1-2r at minetta, san jose, and with tv helicopters, banner planes and the occasional blimp hovering overhead, that could make for crowded skies and a much heavier workload for air traffic control. >> it's the landing 1-2, if they're landing 1-2. i don't know what they would do. they're going to have to think about that. >> reporter: the trouble is three different aviation sources tell us not a lot of thought has gone into that so far. they believe commercial air traffic landing over the new 49ers stadium during a game could significantly raise air traffic controller's workload and procedures, procedures the faa confirms they are only now beginning to work out. >> commercial aviation gets priority over everything so they're not going to change that. >> reporter: faa spokesman
NBC
Feb 25, 2013 3:00am PST
,000 of the 47,000 people at faa. the point is that the sequester doesn't allow us to move money around. that's the difference here. if we could shift money around, certainly we would do that. these are very tough decisions. but they have to be made. but it can all be brought to a halt when the congress comes back this week and republicans and democrats do what they have been able to do in the past, talk to one another, work with one another, compromise with the president who has put a plan on the table. >> republicans, your former colleagues, former republican member of congress are saying, wait a minute, mr. secretary, this is a bit overblown. this is a transportation committee putting out a statement that reads in part, the following, "we're disappointed by the administration creating alarm about sequestration's impact on aviation, prematurely outlining potential impacts before identifying other savings is not helpful. today's exaggerations are not backed up by any real financial data. the agencies is well positioned to absorb spending reductions without compromising the safety or efficien
MSNBC
Feb 25, 2013 7:00am PST
have to cut a billion dollars $600 million from faa. that's the reason we have announced that there's going to be a slowdown and delays in flights. this can all be avoided. the president has plan. it cuts well over $86 billion. republicans should take a look at it. >> republicans are fighting back. >> what do you make of secretary lahood, a republican blaming republicans? >> shame on ray lahood. >> 15 minutes from now several officials are holding a news conference on the sequestration impact on air travel. mickey mccarter, washington correspondent for homeland security today. there are two big things i heard most about. one is fewer tsa agents. so if, say, 50,000 screeners aren't there, do we know what will happen? are we talking an extra half hour's wait? hours? do we? >>. >> we don't really know. where tsa is concerned, pretty much saying what other federal agencies are saying. it is going to have to furlough its workers somewhere between 7 to 14 day which is is what secretary lahood said about employees at the faa as well. he's projecting up to 90 minutes of delay time for a lot
CSPAN
Feb 6, 2013 11:00pm EST
. there was a piece in the seattle "times" on monday that quoted critics saying the faa accelerating the move forward self-certification at the time when advances in aerospace technology have greated a greater need. me question is not -- are you seeing or is this confirming your any kind of broader lessons? how new planes are certified? >> dave, thank you. that's a great question. it's an issue when you have a regulator that has some limited resources. they don't have unlimited resources. they do have to prioritize what they do. so we have seen delegations in the past not only at faa but also other modes of transportation with respect to areas that the regulators responsible for. and so we see designated -- engineering representatives or examers. it's very common in the aviation industry or repairs or design changers. those things have happened for years. we also see designated check pilots. these can be individuals who are employed by airlines or other folks at faa does delegate some authority to do to the functions. always, always you have to take responsibility for those thing. you can delegate so
FOX Business
Feb 7, 2013 1:00pm EST
they were verified. >> in other words, this is going to take time. now it's up to the faa to decide when the 787 is allowed to fly again. we just got off the phone with the faa telling us they're evaluating a proposal by boeing to begin allowing test flights, something boeing put forward. the faa says they're still looking at that still nothing certain when these planes might be back in the air. back to you. melissa: rich edson, thanks so much. lori: so what does all of this mean for boeing shareholders? since the first fire last month in boston shares are down nearly 2%. with have an analyst at bb and b analyst markopolos kets. the first analyst to downgrade boeing after the 787 fire. carter we heard from the ntsb. it says they have a long read ahead on the investigation. not what you want to hear, correct? >> correct. it was a two-part briefing. it talked about the battery fire and sources and causes the second talked about the certification process. rich's assessment i agree with, which was the market initially was excited this this could be a short circuit would be quick conclusion t
CW
Feb 26, 2013 10:00pm PST
the mandatory cuts, the faa announced it's going to cut air traffic control to many regional airports across the country, including the sai know ma county airport and that would mean planes would fly in and out without any tower personnel to guide them. >> how do they operate without a tower? >> there are a lot of guidelines. different elevations, so they all have to have flight paths. >> airport brings in an estimated $112 million economic impact to santa rosa and the surrounding community. so the sequester could leave a mark. >> 13 to 14 employees would lose their job and then we'd lose about $65,000 a year in rent to the federal government for part of the facilities that we rent. >> airport officials say they are worried that alaska airlines might worry that the no tower scenario is unsafe and the airline could decide to pair back on the number of flights here. that's the last thing this county needs as they are hard at work trying it lure more airlines into the airport. >> a lot of people in sai know ma county use this as a transportation hub for business. that means i have to go 90
ABC
Feb 7, 2013 4:30am PST
, by the way? the f.a.a. is allowing boeing to conduct a ferry flight with a 787 from texas to washington state today. the only people are those needed to operate the flight. the flight will be used to test the batteries which are believed to be the cause of a fire in early january that forced the grounding of the fleet. the crew must continuously monitor the flight computer for battery-related messages and land immediately if a message pops up. also, the national transportation board will publicly quoting boeing and the f.a.a. asking if the batteries were adequately tested. united is taking the boeing 787 dreamliner out of the flying plans for the month but will start new 787 flights from denver to tokyo march 31. japan has canceled their 787 flying through march 30. boeing's vice president for sales in asia pacific and india says the company will address compensation claims from the customers but only after the aircraft are back in service. >> a deal to create a new air giant is in the works this morning. sources say a merger between american airlines and usa airways will be worth $10 billion
KICU
Feb 22, 2013 4:00am PST
, the faa will get a look at boeing's plan to get all dreamliners back in the sky. a senior boeing executvie will meet with the top official of the faa. reports say boeing is proposing a number of fixes for the grounded aircraft including: a better box to contain possible fire in the jet's lithium-ion batteries and increased space between cells in the batteries. homeowners are getting payback from big banks. total, banks have paid $45 billion as part of a settlement to help homeowners still struggling from the housing market collapse. 550,000 consumers have received assistance. jpmorgan, bank of america, wells fargo, citigroup and ally financial contributed to the settlement. 11 million consumers are underwater on their homes. it's estimated the settlement will help 1 million get back on track. walmart sales are off to a weak start this year. profits ticked up in the fourth quarter, but sales at walmart and sam's club were down during the holidays and into februry. walmart blames the weakness on the payroll tax hike and delayed tax refunds. the retailer expects business will pick up as tax r
FOX
Feb 22, 2013 6:00pm EST
with 600 million coming from the faa. 74,000 employees face furloughs. it has to cut staff and to limit the number of planes flying. >> reporter: at the major international airports, the average wait times to clear customs will increase by 50%. >> reporter: delays will only be in the air. just getting through the airport could be a nightmare. a valentine's day set is hearing the homeland security janet napolitano and that security furloughs could slow security checkpoints to a crawl. >> the busiest airports like newark and jfk, lax and chicago o'hare, pack wake times -- wait times can grow to four hours or more. >> reporter: what is not uncertain that the on is that the automatic cuts are to take effect on friday, march 1st, unless congress can come together on a way to shut them down. they will continue from the administration into next week. the health announced the president will travel to virginia on monday to highlight the affect of sequestration cuts that will have and he's going to visit a newport news ship building contractor. and that is a major outlet for funds expelled by the
CBS
Feb 22, 2013 12:00pm EST
agents. mare january blakery represents the aerospace industry and uses to run the faa. she says there will also be fewer tsa workers at the airport. >> we're going to see another hour on the screening lines, four to five hours additional at the major international airports when it comes to traveling. >> reporter: but republicans believe the cuts are being blown out of proportion. house majority leader eric cantor said? a statement president obama has said that unless he gets his second tax hike he will be forced to let criminals loose on the streets emergency responders will be unable to do their jobs. these are false choices. lawmakers will make their choice when they return to work next week. danielle nottingham, cbs news, washington. >> the department of education says that if those cuts go through, about 10,000 teachers would be laid off. >>> well, wusa9 has started a petition asking should congress face penalties if federal workers are furloughed? if you would like to weigh in, go to our website. wusa9.com. and look for the petition on our home page. so far, more than 800 p
CBS
Feb 25, 2013 7:00pm EST
's optimism. people who say we can't do it. >> the transportation secretary says $689 million in faa cuts will force him to furlough employees, including air traffic controllers and safety inspectors. tsa workers will face seven days of furloughs. the travel association wants you to text your member of congress while you are waiting in line. >> they can text delay to 877- 877 and let members of congress know how they feel about this process. >> some republicans say they are exaggerating the impact. >> the american people will never feel. >> but the airline pilot's association says travelers will feel it. >> make no mistake. we will maintain our current level of safety. and the only way is if we turn down the volume of air traffic. >> might be wise to avoid flying in the coming weeks. in hopes congress finally straightens this out. at reagan national, bruce leshan, wusa9. >> as if flying wasn't enough trouble. federal workers don't know a lot about the specifics, but a lot told us they are expecting to get those furlough notices on friday and of course with the furlough, comes a pay
CNN
Feb 16, 2013 4:00pm PST
, fighter jets had to escort a plane out of air space where the president is staying. the faa is investigating. meantime the president used his weekly address to reinforce the state of the union address, calling for new programs to stimulate the economy. >> we need to launch manufacturing hubs across the country that will transform hard hit regions into global centers of high tech jobs and manufacturers. we need to make the tax code more competitive. and reward companies that create jobs here at home. >> in her party's weekly address, alabama congress woman blamed the president for the billions in spending cuts that could take effect on march 1st. >> as the clock is ticking towards his devastating sequester the president has failed to put forward a plan to prevent it, why? because president obama and senate democrats see his sequester as an opportunity to push through another tax increase. >> roby said that the president should consider the alternative budget cuts already passed. marco rubio is headed to the middle east, he left today on a week will have long trip that will ta
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